Clorox 'packs' in a new board director

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Clorox 'packs' in a new board director

By Louisa Hallett - 07/27/2018
Jeffrey Noddle, 72, will retire from the board in November 2018.

Clorox has named a replacement for Executive Chairman of SuperValu Inc. Jeffrey Noddle, 72, who will retire from Clorox's board in November. 

Noddle has been a director at Clorox since 2013.

Noddle will retire in accordance with the company’s corporate governance guidelines. The company also announced the election of Matthew J. Shattock, Chairman and Chief Executive Officer of Beam Suntory Inc., to its Board of Directors, effective on Aug. 1.

Jeffrey Noddle served as executive chairman of SuperValu Inc. from May 2009 until his retirement in 2010. From 2002 to 2009, he served as the company’s Chairman and Chief Executive Officer. Previously, he held a number of other leadership positions at SuperValu, including President and Chief Operating Officer, Corporate Executive Vice President, and President and Chief Operating Officer of distribution food companies, corporate Vice President of Merchandising, and President of the company’s Fargo and former Miami divisions. Noddle serves as a director at Ameriprise Financial Inc.  In addition, he is a former chairman of the board of directors of The Food Marketing Institute and a former director at The Donaldson Company, Inc. He holds a bachelor’s degree from the University of Iowa.

"We will miss Jeff when he retires later this year," Clorox lead director Pamela Thomas-Graham went on to say. "With his experience in the consumer packaged goods industry, he's brought great skills and expertise to the board in a variety of important areas, and he's made many contributions for the benefit of our stockholders during his nearly six years of service."

Shattock, 55, is Chairman and Chief Executive Officer of Beam Suntory Inc., the world's third-largest premium spirits company. He has led Beam since 2009, first as an operating unit of Fortune Brands, next as a standalone public company, and then following its acquisition by Suntory Holdings Limited in 2014. Prior to joining Beam, Shattock held executive leadership roles during six years at confectionery company Cadbury PLC and previous to that during 16 years at global consumer goods company Unilever.

"As a veteran leader in the consumer packaged goods industry with global experience across many categories, Matt will add great perspective and value to our board," said Thomas-Graham. "After joining Beam in 2009, he led the company through exponential growth of its iconic brands and has gone on to lead the successful transformation of the company. His strong track record of driving growth through innovation, brand communication and operational excellence, plus his deep-seated commitment to corporate citizenship, are a strong fit for Clorox as we continue to build our company to drive profitable growth with purpose-driven brands that provide superior value to our consumers.”